Fresh dollar checks
tripled to $1 billion

Value of transactions in lollars plummeted by 46 percent

Cleared checks in fresh dollars more than tripled both in value and in numbers in 2025 compared with the previous year, reaching $993 million and nearly 75,200 checks. The average value per check remained practically stable and amounted to $13,215 last year.

Cleared lollar checks dropped by 46 percent in terms of value over the same period to 706 million lollars. Their number plunged by 67 percent to 5,120 checks. The average value per check jumped by 64 percent to around 137,900 lollars in 2025.



Source: Credit Libanais

Dealings in checks is still largely insignificant compared to precrisis levels. The combined number of fresh dollar and lollar checks cleared in 2025 represents just one percent of the number of foreign currency checks cleared in 2018 which totaled nearly 7.5 million checks with an overall value of more than $44.5 billion.

Fresh dollar deposits, which include outstanding balances of foreign currency deposits benefiting from circulars 158 and 166, increased by $1.1 billion in the first ten months of 2025 to reach $4.3 billion at the end of October. Excluding these balances, fresh dollar deposits stood at nearly $2.2 billion by mid-2025.